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Frasers Group Snaps Up Troubled UK Retailer Gieves & Hawkes

A Gieves & Hawkes tailors on Savile Row in London.

A Gieves & Hawkes tailors on Savile Row in London.

Photographer: Hollie Adams/Bloomberg

Mike Ashley’s Frasers Group Plc bought Savile Row tailor Gieves & Hawkes, adding one of the best-known names in British suitmaking to its wide portfolio of brands. 

Gieves & Hawkes was put up for sale in July after its owner, Hong Kong-listed Trinity Ltd., entered liquidation last year. It has five UK stores including the flagship outlet on Savile Row which has been home to British tailoring for more than 200 years.